Bariatric Surgery Device Market Report: Trends, Forecast and Competitive Analysis to 2030

Bariatic Surgery Device Trends and Forecast

The future of the global bariatic surgery device market looks promising with opportunities in the bariatric surgery clinic and hospital markets. The global bariatic surgery device market is expected to reach an estimated $2.6 billion by 2030 with a CAGR of 5.8% from 2024 to 2030. The major drivers for this market are increasing demand for minimally invasive surgery, rising prevalence of obesity ,and continuous advancement in technology.

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Bariatic Surgery Device by Segment

The study includes a forecast for the global bariatic surgery device by procedure, device type, application, end use, and region.

Bariatic Surgery Device Market by Procedure [Shipment Analysis by Value from 2018 to 2030]:

• Sleeve Gastrectomy
• Gastric Bypass
• Revision Bariatric Surgery
• Noninvasive Bariatric Surgery
• Adjustable Gastric Banding
• Mini-Gastric Bypass
• Biliopancreatic Diversion with Duodenal Switch

Bariatic Surgery Device Market by Device Type [Shipment Analysis by Value from 2018 to 2030]:

• Minimally Invasive Surgical Devices
• Non-Invasive Surgical Devices

Bariatic Surgery Device Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Weight Loss
• Hereditary Disease
• Others

Bariatic Surgery Device Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Bariatric Surgery Clinics
• Hospitals
• Others

Bariatic Surgery Device Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Bariatic Surgery Device Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies bariatic surgery device companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the bariatic surgery device companies profiled in this report include-

• Johnson & Johnson
• Medtronic
• Intuitive Surgical
• Apollo Endosurgery
• Reshape Lifesciences
• Olympus

Bariatic Surgery Device Market Insights

Lucintel forecasts that sleeve gastrectomy is expected to witness highest growth over the forecast period due to its safety, efficacy, cost-effectiveness, and low complication rates compared with other bariatric procedures.

Within this market, hospital is expected to witness higher growth over the forecast period.

North America is expected to witness highest growth over the forecast period due to rising number of geriatric population, availability of well-established health care infrastructure, and presence of key players in this region.

Features of the Global Bariatic Surgery Device Market

Market Size Estimates: Bariatic surgery device market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Bariatic surgery device market by various segments, such as by procedure, device type, application, end use and region in terms of($B).

Regional Analysis: Bariatic surgery device market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different procedures, device types, applications, end uses, and regions for the bariatic surgery device market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the bariatic surgery device market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the bariatic surgery device market size?

Answer: The global bariatic surgery device market is expected to reach an estimated $2.6 billion by 2030.

Q.2 What is the growth forecast for bariatic surgery device market?

Answer: The global bariatic surgery device market is expected to grow with a CAGR of 5.8% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the bariatic surgery device market?

Answer: The major drivers for this market are increasing demand for minimally invasive surgery, rising prevalence of obesity, and continuous advancement in technology.

Q4. What are the major segments for bariatic surgery device market?

Answer: The future of the bariatic surgery device market looks promising with opportunities in the bariatric surgery clinic and hospital markets.

Q5. Who are the key bariatic surgery device market companies?

Answer: Some of the key bariatic surgery device companies are as follows:

• Johnson & Johnson
• Medtronic
• Intuitive Surgical
• Apollo Endosurgery
• Reshape Lifesciences
• Olympus

Q6. Which bariatic surgery device market segment will be the largest in future?

Answer: Lucintel forecasts that sleeve gastrectomy is expected to witness highest growth over the forecast period due to its safety, efficacy, cost-effectiveness, and low complication rates compared with other bariatric procedures.

Q7. In bariatic surgery device market, which region is expected to be the largest in next 5 years?

Answer: North America is expected to witness highest growth over the forecast period due to rising number of geriatric population, availability of well-established health care infrastructure, and presence of key players in this region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the bariatic surgery device market by procedure (sleeve gastrectomy, gastric bypass, revision bariatric surgery, noninvasive bariatric surgery, adjustable gastric banding, mini-gastric bypass, and biliopancreatic diversion with duodenal switch), device type (minimally invasive surgical devices and non-invasive surgical devices), application (weight loss, hereditary disease, and others), end use (bariatric surgery clinics, hospitals, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?